The House of Representatives has called on the Ministry of Solid Minerals Development to request increased funding for the Nigerian Geological Survey Agency (NGSA) to enhance mineral mapping and accurately estimate Nigeria’s lithium deposits to increase revenue generation.
This resolution followed the adoption of a motion titled “Need to Upscale the Lithium Industry and Value Chain as a Catalyst to Drive Energy Sufficiency and Economic Growth” moved by Rep. Victor Obuzor (PDP-Rivers) during plenary
The move aims to enable NGSA to conduct radiometric and electromagnetic surveys to determine the volume of lithium deposits, ultimately boosting revenue generation in Nigeria.
Obuzor noted Nigeria possesses abundant mineral resources, including metallic ores and gemstones, but its mining sector remains underdeveloped.
“The House Notes that Nigeria’s vast mineral resources, including metallic ore, energy, industry, construction, and gemstones, are deposited across various geological…
Connect with us on our socials: